Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
William E Schrafft and Bertha E Schrafft Charitable Trust
 
Number and street (or P.O. box number if mail is not delivered to street address)2 Liberty Square 5th Floor
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Boston, MA02109
A Employer identification number

04-6065605
B Telephone number (see instructions)

(617) 338-4624
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$36,378,423J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 11,306 11,306  
4 Dividends and interest from securities... 706,057 706,057  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 3,503,732
b Gross sales price for all assets on line 6a 18,269,805
7 Capital gain net income (from Part IV, line 2)... 3,503,732
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,221,095 4,221,095  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 102,000 22,300   42,300
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,000      
c Other professional fees (attach schedule).... Click to see attachment 273,619 243,430   30,189
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 274 24    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 30,099 5,075    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 414,992 270,829   72,489
25 Contributions, gifts, grants paid....... 1,793,000 1,793,000
26 Total expenses and disbursements. Add lines 24 and 25 2,207,992 270,829   1,865,489
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,013,103
b Net investment income (if negative, enter -0-) 3,950,266
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 1,054,703 822,783 822,783
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)   2,197,728 2,197,728
b Investments—corporate stock (attach schedule)....... 29,582,242 Click to see attachment22,681,729 22,681,729
c Investments—corporate bonds (attach schedule)....... 512,702 Click to see attachment7,050,640 7,050,640
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 6,284,975 Click to see attachment3,625,543 3,625,543
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,434,622 36,378,423 36,378,423
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment156,209 Click to see attachment94,822
23 Total liabilities (add lines 17 through 22)......... 156,209 94,822
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 37,278,413 36,283,601
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 37,278,413 36,283,601
31 Total liabilities and net assets/fund balances (see instructions). 37,434,622 36,378,423
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
37,278,413
2
Enter amount from Part I, line 27a .....................
2
2,013,103
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
61,387
4
Add lines 1, 2, and 3 ..........................
4
39,352,903
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
3,069,302
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
36,283,601
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities      
b From K-1s      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 18,172,878   14,766,073 3,406,805
b 96,927     96,927
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       3,406,805
b       96,927
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,503,732
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,778,923 35,118,781 000.050654
2016 1,737,949 33,225,399 000.052308
2015 1,749,975 35,499,232 000.049296
2014 1,881,237 37,966,066 000.049550
2013 1,773,425 33,620,410 000.052748
2
Total of line 1, column (d) .....................
2
000.254556
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
000.050911
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
37,394,753
5
Multiply line 4 by line 3......................
5
1,903,804
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
39,503
7
Add lines 5 and 6........................
7
1,943,307
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,865,489
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 79,005
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 79,005
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 79,005
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 102,686
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 102686 7 102,686
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 398
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 23,283
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet23,283 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletschrafftcharitable.org
    14
    The books are in care ofbulletShabshelowitz & Co CPA's Telephone no.bullet (508) 672-2182

    Located atbullet263 Walnut StFall RiverMA ZIP+4bullet02720
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Arthur Parker Trustee
    008.00     		16,000    
    2 Liberty Square 5th Floor
    Boston,MA02109
    Lavinia B Chase Trustee
    004.00     		14,000    
    2 Liberty Square 5th Floor
    Boston,MA02109
    Kristen J McCormack Trustee
    004.00     		14,000    
    2 Liberty Square 5th Floor
    Boston,MA02109
    Karen Faulkner Executive Director
    030.00     		44,000    
    2 Liberty Square 5th Floor
    Boston,MA02109
    Joseph Corrado Trustee
    006.00     		14,000    
    2 Liberty Square 5th Floor
    Boston,MA02109
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Middleton Co Investments Advisors 96,547
    600 Atlantic Avenue
    Boston,MA02210
    Merrill Lynch Investment Advisors 82,453
    75 Rockefeller Plaza
    New York,NY10019
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 N/A 0
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    36,790,052
    b
    Average of monthly cash balances.......................
    1b
    1,174,164
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    37,964,216
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    37,964,216
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    569,463
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    37,394,753
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,869,738
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,869,738
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    79,005
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    79,005
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,790,733
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,790,733
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,790,733
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    1,865,489
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,865,489
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,865,489
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 1,790,733
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 180,554
    b From 2014...... 16,479
    c From 2015...... 37,152
    d From 2016...... 109,461
    e From 2017...... 68,818
    fTotal of lines 3a through e........ 412,464
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,865,489
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 1,790,733
    e Remaining amount distributed out of corpus 74,756
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 487,220
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		180,554
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		306,666
    10 Analysis of line 9:
    a Excess from 2014.... 16,479
    b Excess from 2015.... 37,152
    c Excess from 2016.... 109,461
    d Excess from 2017.... 68,818
    e Excess from 2018.... 74,756
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    None
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    None
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Karen Faulkner
    2 Liberty Square 5th Floor
    Boston,MA02109
    (617) 338-4624
    bThe form in which applications should be submitted and information and materials they should include:
    Please see www.schrafftcharitable.org
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Generally must be a Massachusetts tax exempt organization in existance for at least three years
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Boston Conservatory at Berklee
    8 Fenway
    Boston,MA02115     		  PC Scholarship 15,000
    Community Music Center of Boston
    34 Warren Ave
    Boston,MA02116     		  PC CMCB Satellite Programming 10,000
    Center for Independent Documentary
    1300 Soldiers Field Road Suite 5
    Boston,MA02135     		  PC Operating 2,500
    City on a Hill New Bedford
    384 Acushnet Ave
    New Bedford,MA02740     		  PC Operating 10,000
    Community Boating Center of New Bedford
    1641 Padanarum Ave
    New Bedford,MA02740     		  PC Operating 5,000
    Norman B Levanthal Map & Education Center Inc
    700 Boylston St
    Boston,MA02116     		  PC K-12 Education Programs 10,000
    Mill City Grows Inc
    150 Western Ave PO Box 7133
    Lowell,MA01852     		  PC Youth Education Programs 20,000
    Mass INC
    11 Beacon St Suite 500
    Boston,MA02108     		  PC Operating 5,000
    Josiah Quincy Orchestra Program
    885 Washington St
    Boston,MA02111     		  PC Operating 10,000
    Hyde Square Task Force
    30 Sunnyside St PO Box 301871
    Jamaica Plain,MA02130     		  PC Jovenues en Accion Youth Leadership College Success 15,000
    Edvestors
    140 Clarendon St Suite 401
    Boston,MA02116     		  PC Operating 5,000
    Ellis Memorial
    58 Berkeley St
    Boston,MA021162115     		  PC School- Age Program 15,000
    Future Chefs
    560 Albany St
    Boston,MA02118     		  PC Operating 25,000
    Handel & Hayden Society
    9 Harcourt St
    Boston,MA02116     		  PC Levy Education Program 10,000
    Boston Debate League
    566 Columbus Ave
    Boston,MA02115     		  PC Operating 10,000
    Boston Scores
    29 Germania St
    Jamaica Plain,MA02130     		  PC Leadership in Action 8,000
    CEDC
    1285 Acushnet Ave
    New Bedford,MA02746     		  PC Operating 30,000
    Associated Grant Makers
    55 Court St Ste 520
    Boston,MA02108     		  PC Summer Fund 80,000
    Berklee College of Music
    1140 Boylston St MS-1140 IA
    Boston,MA022153693     		  PC City Music Summer Scholarhsip Program 20,000
    Big Brothers Big Sisters of Mass Bay
    75 Federal St 5th Fl
    Boston,MA02110     		  PC Operating 25,000
    Big Sister's Assoc of Greater Boston
    161 Massachusetts Ave
    Boston,MA02115     		  PC Operating 25,000
    Bird Street Community Center
    500 Columbia Rd
    Dorchester,MA02125     		  PC Youth Development Program 20,000
    Boston Arts Academy
    174 Ipswich St
    Boston,MA02215     		  PC Operating 25,000
    Boston Ballet
    19 Clarendon St
    Boston,MA02116     		  PC Citydance Program 15,000
    Boston Children's Chorus
    112 Shawmut Ave Ste B
    Boston,MA02118     		  PC Operating 15,000
    Boston Children's Museum
    308 Congress St
    Boston,MA02038     		  PC Sponsored Visits Program 20,000
    Boston Chinatown Neighborhood Center
    885 Washington St
    Boston,MA02111     		  PC Youth Center 15,000
    Boston City Singers
    17 Waldeck St
    Dorchester,MA02124     		  PC Operating 20,000
    Boston Symphony Orchestra
    Symphony Hall 301 Mass Ave
    Boston,MA02115     		  PC Days in the Arts 5,000
    Bottom Line
    555 Armory St Ste 2
    Jamaica Plain,MA02130     		  PC Operating 25,000
    Boys & Girls Club of Boston
    50 Congress St Ste 370
    Boston,MA02109     		  PC Operating 25,000
    Boys & Girls Club of Dorchester
    1135 Dorchester St
    Dorchester,MA02135     		  PC Operating 25,000
    Breakthrough Greater Boston
    47 West St
    Boston,MA02111     		  PC Operating 29,000
    Bridge Over Troubled Waters
    47 West St
    Boston,MA02111     		  PC Education Career Development programs 15,000
    Cantata Singers
    161 First St Ste 203
    Cambridge,MA02142     		  PC Classroom Cantatas 15,000
    Catholic Schools Foundation Inc
    67 Batterymarch St 6th Fl
    Boston,MA02110     		  PC Scholarship Fund 30,000
    Citizens Schools
    308 Congress St 5th Fl
    Boston,MA02110     		  PC STEM Apprenticeship Program 25,000
    City on a Hill Foundation Inc
    320 Huntington Ave
    Boston,MA02115     		  PC Teach to One Program 15,000
    City Sprouts
    25 River St
    Cambridge,MA02139     		  PC Middle School Program 10,000
    Codman Academy Foundation
    637 Washington St
    Dorchester,MA02124     		  PC Theatre Arts 25,000
    College Bound Dorchester
    18 Samoset St
    Dorchester,MA02124     		  PC Boston Uncornered 45,000
    College for Social Innovation
    89 South St Ste 407
    Boston,MA02111     		  PC Operating 2,500
    Commonwealth School
    151 Commonwealth Ave
    Boston,MA02126     		  PC Scholarships 15,000
    Community Art Center
    119 Windsor St
    Cambridge,MA02139     		  PC Teen Program 15,000
    Community Boat BuildingThird Section New England
    21 Liberty Dr
    Boston,MA02210     		  PC Operating 15,000
    Community Charter School of Cambridge
    245 Bent St
    Cambridge,MA02121     		  PC College Counseling College Day Trips 25,000
    Doc Wayne Youth Services
    418 Commonwealth Ave
    Boston,MA02215     		  PC Operating 25,000
    Dream Out Loud Center
    One Johnny Cake Hill
    New Bedford,MA02740     		  PC Operating 10,000
    EVkids Inc
    218 Adams St No 220502
    Dorchester,MA02740     		  PC After School Tutoring Program 19,000
    Girls Scouts of Eastern MA
    95 Berkeley St Ste 404
    Boston,MA02124     		  PC Tutoring At Risk Youth 15,000
    Hale Reservation
    80 Carby St
    Westwood,MA02110     		  PC Operating 10,000
    Inquilinos Boricuas En Accion
    405 Shawmut Ave
    Boston,MA02090     		  PC After School Summer Learning 20,000
    Institute of Contemporary Art Boston
    100 Northern Ave
    Boston,MA02115     		  PC Teen Programs 35,000
    Jose Mateo Ballet Theatre
    400 Harvard St
    Cambridge,MA02117     		  PC Dance for the Commonwealth 10,000
    Manomet Center for Conservation Sciences
    PO Box 1770
    Manomet,MA02110     		  PC Operating 10,000
    Mattapoisett Land Trust
    PO Box 31
    Mattapoisett,MA02345     		  PC Operating 5,000
    Mil Milagros
    c/o Goulston 400 Atlantic Ave
    Boston,MA02118     		  PC Operating 2,500
    More than Words
    242 E Berkeley St
    Boston,MA02139     		  PC Education Impact Initiatives 10,000
    Museum of Fine Arts
    465 Huntington Ave
    Boston,MA02739     		  PC Operating 5,000
    Mystic River Watershed Association
    20 Academy St Ste 306
    Arlington,MA02110     		  PC Operating 22,500
    Neighborhood House Charter School
    21 Queen St
    Dorchester,MA02118     		  PC Creative Arts Program 35,000
    New Bedford Whaling Museum
    18 Johnny Cake Hill
    New Bedford,MA02115     		  PC Museum Access for Boston Youth 30,000
    New England Aquarium
    Central Wharf
    Boston,MA02110     		  PC Educational Programs 25,000
    North Bennett Street School
    39 North Bennett St
    Boston,MA02122     		  PC Workforce Development Initiative 20,000
    Northeast Organic Farming Association
    411 Sheldon Rd
    Barre,MA02740     		  PC Operating 5,000
    Old Sturbridge Village
    One Old Sturbridge Village Rd
    Sturbridge,MA02110     		  PC Leveling the Playing Field 25,000
    Our Sister's School
    145 Brownell Ave
    New Bedford,MA02113     		  PC Workforce Development Initiative General Operations 4,000
    Planned Parenthood League of MA Inc
    1055 Commonwealth Ave
    Boston,MA01005     		  PC Get Real Program 25,000
    Plimoth Plantation
    PO Box 1620
    Plymouth,MA01566     		  PC Foundation for Kids 25,000
    Prospect Hill Academy Charter School
    50 Essex St
    Cambridge,MA02746     		  PC College Counseling 30,000
    Read to a Child Inc
    20 Williams St No 625
    Wellesley,MA02215     		  PC Sex Education Related Support for Youth and Famailies 15,000
    Regis College
    235 Wellesley St
    Weston,MA02362     		  PC Scholarships 25,000
    Save the Harbor Save the Bay
    212 Northern Ave Ste 304 W
    Boston,MA02139     		  PC College Counseling Success Program 20,000
    Shooting Touch
    61 Endicott St Bldg 23 4th Fl
    Norwood,MA02210     		  PC Operating 10,000
    Social Innovations
    One Congress St Ste 113
    Boston,MA02139     		  PC Advancing Education in New Bedford 80,000
    Sociedad Latina
    1530 Tremont St
    Boston,MA02746     		  PC Viva La Cultural 20,000
    St Paul's Choir School
    29 Mount Auburn St
    Cambridge,MA02062     		  PC Getting Girls in the Game G Program 25,000
    Steppingstone Foundation
    Two Oliver St
    Boston,MA02119     		  PC Arts Culture in New Bedford 15,000
    The Food Project
    10 Lewis St
    Lincoln,MA02120     		  PC Seed Crew 20,000
    The Match Foundation Inc
    50 Milk St Ste 600
    Boston,MA02138     		  PC Schrafft Scholars Program 15,000
    Thompson Island Outward Bound Education Center
    PO Box 127
    Boston,MA02110     		  PC Connections 10,000
    Trinity Boston Foundation
    206 Clarendon St
    Boston,MA01773     		  PC Education for Excellence Program 24,000
    Trustees of Reservation
    PO Box 3975 1100D Main Rd
    Westport,MA02109     		  PC Duet 10,000
    UASPIRE
    31 St James Ave Ste 520
    Boston,MA02127     		  PC College Affordability Advising Program 20,000
    Unitarian Universalist Urban Ministry
    10 Putnam St
    Roxbury Crossing,MA02127     		  PC Roxbury Youth Programs 15,000
    USS Constitution Museum
    PO Box 1812
    Boston,MA02790     		  PC Educate Engage Empower Serving BPS 10,000
    Veterans Legal Services
    885 Centre St
    Newton,MA02116     		  PC College Affordability Advising Program-Boston 5,000
    Wentworth Institute of Technology
    550 Huntington Avenue
    Boston,MA02119     		  PC Roxbury Youth Program 25,000
    West End House Inc Boys & Girls Club
    105 Allston St
    Allston,MA02129     		  PC All Aboard 21,500
    Westport Land Conservation Trust
    PO Box 3975
    Westport,MA02159     		  PC Operating 15,000
    Westport River Watershed Alliance
    PO Box 3427
    Westport,MA02790     		  PC Operating 10,000
    Write Boston
    2300 Washington St
    Roxbury,MA02134     		  PC Operating 15,000
    Zumix
    260 Summer St
    E Boston,MA02790     		  PC Hands-on Youth Development Program 25,000
    3 Point Foundation
    1270 Soldiers Field Rd
    Brighton,MA02790     		  PC Operating 5,000
    826 Boston
    3035 Washington St
    Roxbury,MA02119     		  PC Operating 10,000
    Appalachian Mountain Club
    Five Joy St
    Boston,MA02135     		  PC Youth Opportunities Program 10,000
    Artists for Humanity
    100 West Second St
    Boston,MA02119     		  PC After School Writing Tutoring Program 20,000
    Lasell College
    1844 Commonwealth Ave
    Newton,MA02130     		  PC Scholarships 25,000
    New Bedford Art MuseumArtworks
    608 Pleasant St
    New Bedford,MA02740     		  PC Operating 2,500
    Total .................................bullet 3a 1,793,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 11,306  
    4 Dividends and interest from securities....     14 706,057  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,503,732  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   4,221,095  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,221,095
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID: 18007340
    Software Version: 19.1.1.0
    Part VI Line 7 - Tax Paid with the Original Return: 102,686


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Legal Fees 9,000      

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    250M Viacom 6.88 2036-04-30 268,290 268,290
    225M Marathon Oil 3.85 2025-06-01 211,075 211,075
    150M CVS Health 3.13 2020-03-09 149,703 149,703
    150M SP Global 3.30 2020-08-14 150,296 150,296
    250M Nextera Energy 3.34 2020-09-01 250,495 250,495
    150M Wells Fargo 3.00 2021-01-22 149,331 149,331
    150M EOG Res 4.10 2021-02-01 152,183 152,183
    160M Express Scripts 3.30 2021-02-25 159,413 159,413
    250M CVS Health Corp 3.35 2021-03-09 249,288 249,288
    250M Gilead Sciences 4.50 2021-04-01 257,300 257,300
    150M General Mills 3.20 2021-04-16 149,177 149,177
    250M General Dynamics 3.00 2021-05-11 250,203 250,203
    250M United Health Group 3.15 2021-06-15 250,333 250,333
    250M United Technologies 3.35 2021-08-16 249,323 249,323
    150M Zoetis Inc 3.25 2021-08-20 149,556 149,556
    150M Duke Energy Corp 3.55 2021-09-15 150,407 150,407
    150M Verizon Communications 3.50 2021-11-01 151,607 151,607
    150M Abbvie 3.38 2021-11-14 149,859 149,859
    150M Dow Chemical 4.13 2021-11-15 152,639 152,639
    150M Abbott Labs 2.90 2021-11-30 148,697 148,697
    150M Occidental Pete Corp 3.13 2022-02-15 149,159 149,159
    150M Home Depot Inc 3.25 2022-03-01 151,557 151,557
    150M Amgen 3.63 2022-05-15 151,029 151,029
    150M United Technologies Corp 3.10 2022-06-01 146,886 146,886
    150M US Bancorp 2.95 2022-07-15 147,959 147,959
    150M Celgene Corp 3.25 2022-08-15 147,267 147,267
    150M Abbvie 2.90 2022-11-06 145,955 145,955
    150M Visa 2.80 2022-12-14 148,118 148,118
    150M Merck Co New 2.80 2023-05-18 147,981 147,981
    10M ATT 5.35 222,600 222,600
    10M Bank Amer Corp 5.88 247,700 247,700
    10M First Rep Bk San Francisco 5.50 222,200 222,200
    10M Metlife 5.63 235,500 235,500
    10M Wells Fargo 5.50 230,500 230,500
    150M Toyota 3.18 150,068 150,068
    5700 Ishares Core US Aggregate 606,986 606,986

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    600 shares of Alphabet Inc Cl A 626,976 626,976
    4475 shares of Altria Group 221,020 221,020
    437 shares of Amazon.com 656,361 656,361
    6782 shares of Apple 1,069,787 1,069,787
    3912 shares of Berkshire Hathaway B 798,753 798,753
    1224 shares of Blackrock 480,812 480,812
    2735 shares of CVS Health 179,197 179,197
    8913 shares of Carnival Corp Paired 439,411 439,411
    4834 shares of Chevron 525,890 525,890
    4409 shares of Cinn Financial Corp Ohio 341,345 341,345
    8758 shares of Cisco Systems 379,484 379,484
    5760 shares of Citigroup 299,866 299,866
    4033 shares of Coca Cola 190,963 190,963
    2130 shares of Danaher Corp 219,646 219,646
    2421 shares of Diageco Plc New Gb Spon 343,298 343,298
    1711 shares of Dominion Energy Inc 122,268 122,268
    2195 shares of Duke Energy Corp New 189,429 189,429
    2145 shares of Ecolab 316,066 316,066
    3300 shares of Eog Res Inc 287,793 287,793
    2500 shares of Facebook Cl A 327,725 327,725
    4945 shares of Fortive Corp 334,579 334,579
    1429 shares of General Dynamics 224,653 224,653
    967 shares of Hasbro 78,569 78,569
    2950 shares of Homefed Corp 103,250 103,250
    7452 shares of Intel 349,722 349,722
    9156 shares of Kinder Morgan Inc Del 140,819 140,819
    1815 shares of Laboratory Corp Amer Hldg 229,343 229,343
    2156 shares of Lowes Companies Inc 232,378 232,378
    11890 shares of Merck 908,515 908,515
    2552 shares of Microsoft 259,207 259,207
    510 shares of Newmarket Corp 210,166 210,166
    2241 shares of Norfolk Southern Corp 335,119 335,119
    3897 shares of Paychex 253,890 253,890
    8162 shares of Pfizer 356,271 356,271
    2340 shares of Renaissancere Holdings 312,858 312,858
    2670 shares of Salesforce Com 365,710 365,710
    2205 shares of Steris Plc United Kingdom 235,604 235,604
    2460 shares of United Technologies Corp 261,941 261,941
    2375 shares of Verisk Analytics Inc 258,970 258,970
    12930 shares of Verizon Communications 726,925 726,925
    3375 shares of Visa Inc Cl A 445,298 445,298
    8835 shares of Wells Fargo Co New Del 410,066 410,066
    5060 shares of Abbvie Inc. 466,481 466,481
    1240 shares of Adobie Systems Inc. 280,538 280,538
    2285 shares of American Tower Corp 361,464 361,464
    5460 shares of CDK Global Inc 261,425 261,425
    1720 shares of Costco Whls Corp 350,381 350,381
    2757 shares of Crown Castle REIT 299,493 299,493
    585 shares of Equinix 206,248 206,248
    2495 shares of Estee Lauder 324,600 324,600
    9170 shares of Mondelez Intl Inc 367,075 367,075
    1085 shares of OReilly Automotive 373,598 373,598
    1496 shares of Philip Morris Intl 99,873 99,873
    2656 shares of Target Corp 175,535 175,535
    1490 shares of United Health 371,189 371,189
    130 shares of Booking Holdings Inc 223,915 223,915
    2315 shares of Nextera Energy 402,393 402,393
    6085 shares of Qualcomm Inc. 346,297 346,297
    6820 shares of Starbucks Corp 439,208 439,208
    1740 shares of Broadbridge Finl Solutions Inc 167,475 167,475
    10000 shares of Renaissancre Hdlgs Ltd Pfd 5.75 Ser F 218,300 218,300
    5872 shares of Fastenal Company 307,047 307,047
    6395 shares of Franklin Res Inc 189,676 189,676
    2762 shares of Johnson and Johnson Com 356,436 356,436
    2442 shares of Nestle SA Rep RG Sh Adr 197,704 197,704
    6068 shares of Paccar Inc 346,726 346,726
    2112 shares of Texas Instruments 199,584 199,584
    3067 shares of United Parcel Service CL B 299,125 299,125

    TY 2018 InvestmentsOtherSchedule2
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Bio Ventures Investors IV FMV 498,018 498,018
    Harmony Partners Fund I FMV 1,150,050 1,150,050
    Harmony Partners Fund II FMV 1,108,209 1,108,209
    Harmony Partners Fund III FMV 869,266 869,266

    TY 2018 OtherDecreasesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Amount
    Revaluation of Securities to Market Value 3,069,302


    TY 2018 OtherExpensesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office, Rent and Misc 25,024      
    Other Expense from K-1 5,075 5,075    


    TY 2018 OtherIncreasesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Amount
    Decrease in Deferred Taxes 61,387


    TY 2018 OtherLiabilitiesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Description Beginning of Year - Book Value End of Year - Book Value
    Deferred Federal Excise Taxes 156,209 94,822


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Fees 243,430 243,430    
    Grantmaking Services 30,189     30,189


    TY 2018 TaxesSchedule
    Name:
    William E Schrafft and Bertha E Schrafft Charitable Trust
    EIN:
    04-6065605
    Software ID:
    18007340
    Software Version:
    19.1.1.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MA Filing Fee and Excise 250      
    Foreign Taxes Paid 24 24